Wood Chipper Market - Future Scenario, Key Insights, Top Companies 2030

The wood chippers market achieved a size of US$ 418.2 million in 2022 and is expected to surpass US$ 430.4 million by the end of 2030. Furthermore, with increasing adoption in various end-use sectors, the demand for wood chippers is projected to grow at a CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 598.6 million by 2030.

Wood chippers are robust machines used to reduce wood, particularly tree limbs and trunks, into smaller wood chips. These machines offer a convenient solution for garden owners to streamline the cleanup process and are increasingly being utilized in construction sites and other industries to chip different types of wood materials into manageable chips. These chips can be easily transported and used as fuel in various sectors.

The user-friendly nature of wood chippers for domestic applications like gardening and landscaping is expected to drive the demand for these products during the forecast period. Similarly, the need for wood chipper machines is anticipated to increase due to the growing use of organic mulch in landscaping, gardening, ecological restoration, and as a substrate for mushroom cultivation. Additionally, theme parks and botanical gardens are experiencing a rising demand for wood chippers to shape and trim trees, maintaining aesthetic appeal on their premises.

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Insights by Product Category
Which product type is gaining popularity in the global wood chipper market?
The drum-type wood chippers hold a significant market share in the global wood chipper market, accounting for approximately 45 to 50%, according to MarketDigits. This segment is expected to grow at a CAGR of 3.5% until 2032. The increasing adoption of drum wood chippers across various industries can be attributed to their ease of operation, low maintenance cost, and long working life.

Drum wood chippers offer consistent knife velocity and produce more uniform wood chips compared to other types of wood chippers. They are particularly useful in situations where a large quantity of wood chips needs to be generated within a specific timeframe. With a higher maximum capacity range compared to disc wood chippers, drum wood chippers are the preferred choice in several industries.

Moreover, a majority of wood chipper manufacturers have included significant models and enhancements of drum chippers in their product portfolios to cater to the demands of various end-use sectors.

Competitive Landscape
Leading market players operating in the global wood chipper market include, Morbark, Bandit, Vermeer, Patriot Products Inc., Avant Tecno Oy, Bruks Siwertell Ab, Bugnot 52, Crary Industries, Inc., Wajax Limited, Barreto Manufacturing Inc., Salsco Inc., Vecoplan, LLC, Bca Industries Inc., and Pequea Machine, Inc, among others.
These key wood chipper manufacturers are continuously focusing on expanding their customer base and increasing their revenue shares through new product launches, partnerships, mergers, acquisitions, and collaborations.

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Key Segments Covered In Wood Chipper Industry Analysis

By Product Type:
• Disc Type
• Drum Type
• Screw Type

By Fuel Type:
• Diesel Engine
• Petrol Engine
• Electric Driven

By Capacity:
• 10-250 kg/hr
• 250-3000 kg/hr
• 3000-10000 kg/hr
• Above 10000 kg/hr

By End Use:
• Construction
• Forestry & Biomass
• Paper & Pulp
• Timber Factories & Sawmills
• Others

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This release was published on openPR.